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Djekafo Group
In this Group: Mamou , Mah , Awa , Maï
The members of the Djekafo group are married women of an average age of 46, with an average of four children. They live with their husband and children in large traditional families in the village of Fantombougou, in the subprefecture of Fana,which is found in the Koulikoro region of the Republic of Mali. They met through neighbours and through their business activities. They are working with the Soro Yiriwaso microfinance organisation in the hope of having constant financial support for their business activities. The women are on their tenth group loan and all previous ones have been successfully repaid. They intend to use their new loan in order to buy a large volume of cereals and food condiments. The condiments are usually bought in bulk at the Bamako market, and the cereals are bought from the village and neighbouring areas. Everything is sold at the market to customers who come from Bamako for their cereals, and condiments are sold to local residents. The women hope to make an average monthly profit of 50,000FCFA each; profits are distributed between food, health and business activities.
View original language description ↓
Les membres du groupe Djekafo sont des femmes mariées ayant une moyenne d’âge de 46 ans et 4 enfants. Avec leur mari et enfants elles vivent dans des grandes familles traditionnelles et résident dans le village de Fantombougou, sous préfecture de Fana, Région de KOULIKORO, République du Mali.
Elles se sont connues par des liens de voisinage et de commerce.
Elles collaborent avec l’institution de microfinance Soro Yiriwaso dans le souci d’avoir constamment un appui financier pour leurs activités.
Elles sont à leur dixième prêt de groupe et tous les prêts précédents ont été correctement remboursés.
Quant à l’utilisation du nouveau prêt, elles comptent acheter, une grande quantité de céréales et des condiments alimentaires.
Les condiments sont achetés le plus souvent en gros à Bamako et les céréales sont achetées dans le village et environnants et le tout est revendu au marché aux clients venant de Bamako pour les céréales et aux résidents pour les condiments alimentaires.
Elles estiment réaliser chacune un bénéfice moyen de 50.000FCFA par mois. Les bénéfices sont partagés entre la nourriture, la santé et les activités.

Additional Information

Important Information

Soro Yiriwaso is a microfinance institution that works primarily in rural and semi-urban areas of Mali to provide underprivileged communities with access to financial services.The organization facilitates access for disadvantaged clients, particularly women, to new resources and services, fostering solidarity and cooperation among its clients. Kiva lenders’ funds will enable Soro Yiriwaso to expand its outreach and target even more underserved Malians involved in business and agriculture.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Mali

  • $1,200
    Average annual income
  • 19
    View loans »
    Mali Loans Fundraising
  • $10,748,325
    Funds lent in using Kiva
  • 448.5
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Djekafo Group's $1,350 loan helped a member purchase of cereals and condiments.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2009
Listed
Dec 14, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010